Malvika Joshi

Piramal Group mulls setting up investment platform for renewable energy assets

The company will also get an external investor to set up the renewable energy-focused asset aggregation business.

Liberty House gets company law tribunal nod to acquire Amtek Auto

New Delhi-based Amtek Auto owes over ₹12,300 crore to its lenders.

Malaysian SWF Khazanah joins fray to acquire stake in Pepe’s India arm

Khazanah joins The Carlyle Group, Advent International and General Atlantic to acquire a stake in Pepe Jeans.

Temasek invests $1.5b in India in Q2, looks to further raise exposure

For Temasek, which recorded a net portfolio value of $235 billion for the year ended 31 March, the India portfolio stands at around $10 billion, with an average yearly investment of $1 billion in the last five years.

IDFC Alternatives explores combining infra platforms into one firm

IDFC Alternatives will be the first fund to set up a company with a diversified business profile, which will include its platform investments in roads, renewables, logistics and telecom.

Hong Kong’s PAG looks to enter India, eyes stressed assets

Following the implementation of the insolvency and bankruptcy code (IBC) in 2016, stressed assets specialists are looking for opportunities across businesses in India.

Everstone Capital puts plan to acquire Kenstar on backburner

Last November, the private equity firm had entered into an agreement to acquire the company.

India’s RBL Bank buys remaining stake in Swadhaar Finserve

The bank bought the stake it did not own from US-based non-profit Accion.

Edelweiss rejigs top deck to boost retail footprint in credit business

The move comes at a time when most Indian banks are grappling with multiple challenges, including high non-performing assets and financial fraud.

Sadbhav Engineering targets to raise $221m via QIP this quarter

The plan to raise money through QIP by the Ahmedabad-based company comes at a time when several road developers are accessing the capital market to raise funds.